SEATTLE, Nov. 25, 2025 /PRNewswire/ -- GT Capital and Freestone Capital Management today announced the acquisition of Lock Vista Apartments, a 192-unit multifamily community located in Seattle's historic Ballard neighborhood. Lock Vista marks the firms' second acquisition together, following their 2024 purchase of the iconic Smith Tower and Butler Garage in downtown Seattle. Both firms bring extensive experience investing across...

10:13 AM EST, 11/25/2025 (MT Newswires) -- UniFirst ( UNF ) shareholder Engine Capital urged the company to explore a potential sale to maximize shareholder value, the investment firm said in a letter Tuesday to UniFirst's ( UNF ) trustees. Engine Capital said it has made repeated attempts to engage with the trustees but its efforts have been rebuffed. Apart...

On Monday, the U.S. Food and Drug Administration (FDA) approved Novartis AG’s Itvisma (onasemnogene abeparvovec-brve) for children two years and older, teens, and adults with spinal muscular atrophy (SMA). The approval makes the gene replacement therapy the first and only one available for this broad population. Itvisma addresses the genetic root cause of SMA. The one-time fixed dose does not need...

Burlington Stores, Inc. ( BURL ) stock fell Tuesday even as the off-price retailer delivered stronger profit and raised its outlook. Investors weighed the upbeat earnings and improved guidance against softer sales momentum and a cautious read on consumer demand. Following the results, Telsey Advisory Group’s Dana Telsey reiterated an Outperform rating on Burlington Stores ( BURL ) and kept...